The Figaro was introduced at the 1989 Tokyo Motor Show under the slogan "Back to the Future". It was built by a Nissan special projects group called Pike Factory, who also produced other niche automobiles such as the Be-1, Pao and S-Cargo. Only four colours were available: Topaz Mist, Emerald Green, Pale Aqua and Lapis Grey. The least popular was Topaz Mist, which now has become the most sought-after version. The Figaro was equipped with leather seats, air conditioning, CD player and an open roof. It was designed by Shoji Takahashi, who won a design competition with the car. The engine was Nissan's MA10ET, a turbocharged 1.0 Ltr (987 cc) I4.